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HomeMy WebLinkAbout97-22 investment oversightRESOLUTION NO. 97-22 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH CONFIRMING APPOINTMENT OF PUBLIC MEMBER TO THE INVESTMENT OVERSIGHT COMMITTEE WHEREAS, Resolution No. 96-69 establishes the City of Ukiah Investment Oversight Committee; and WHEREAS, the membership of the Investment Oversight Committee includes a "Public Member" who is to have financial or accounting experience and whose term is two years with no limit on the number of terms an individual may serve; and WHEREAS, this position was duly advertised until the close of applications on September 10, 1996, with two qualified applications received; and WHEREAS, this is the initial appointment to this position with the first term to expire on June 30, 1998. NOW, THEREFORE, BE IT RESOLVED that the Ukiah City Council on September 18, 1996 approved the nomination submitted per procedures outlined in Resolution No. 95-48 and does hereby appoint Monte Hill as the Public Member to the Investment Oversight Committee for the term to expire June 30, 1998. PASSED AND ADOPTED this 18th day of September, 1996 by the following roll call vote: AYES: Councilmembers Mastin, Malone, Wattenburger, Shoemaker, and Mayor Schneiter NOES: None ABSENT: None ABSTAIN: None ATTE~/'.~: g , Y RES9722